Which theory asserts that countries should simultaneously encourage exports and discourage imports?
A) free trade
B) capitalism
C) new trade
D) mercantilism
E) socialism

Question

Quizplus · Accepted Answer

Mercantilism is the theory that suggests countries should encourage exports and discourage imports to accumulate wealth and maintain a favorable balance of trade.

Which Theory Asserts That Countries Should Simultaneously Encourage Exports and Discourage